Taiyo Nippon Sanso Corporation (TNSC) has continued its enhanced business strategy after announcing its investment in fellow Chinese organisation Jilin OLED Material Tech Co., Ltd.
Although specific financial details of the investment were not disclosed, it is known that through this investment, TNSC has acquired the exclusive sales rights of Jilin OLED’s products in the global market.
Jilin OLED, headquartered in Changchun in the north east of China, is a high tech company engaged in the manufacture, sales and technological service of organic light-emitting diode (OLED) materials.
This latest addition continues the Tier One’s venture investments to acquire value-added and differentiated products, as part of an open innovation strategy in its medium-term management plan.
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